Company Registration No. 11611102 (England and Wales)
PETRAITIS LTD
Unaudited accounts
for the year ended 31 October 2021
PETRAITIS LTD
Unaudited accounts
Contents
PETRAITIS LTD
Company Information
for the year ended 31 October 2021
Director
Mr. Antanas Renatas Petraitis
Company Number
11611102 (England and Wales)
Registered Office
43-44 PRINCES ROAD
FLAT 1
GREAT YARMOUTH
NORFOLK
NR30 2DB
UNITED KINGDOM
Accountants
1st Choice Accounting Services Ltd
85 Great Portland Street
First Floor
London
W1W 7LT
PETRAITIS LTD
Statement of financial position
as at
31 October 2021
Tangible assets
9,000
12,000
Cash at bank and in hand
(156)
655
Creditors: amounts falling due within one year
(78)
(2,523)
Net current assets
7,950
13,132
Total assets less current liabilities
16,950
25,132
Creditors: amounts falling due after more than one year
(49,113)
(50,000)
Net liabilities
(32,163)
(24,868)
Called up share capital
1
1
Profit and loss account
(32,164)
(24,869)
Shareholders' funds
(32,163)
(24,868)
For the year ending 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 July 2022 and were signed on its behalf by
Mr. Antanas Renatas Petraitis
Director
Company Registration No. 11611102
PETRAITIS LTD
Notes to the Accounts
for the year ended 31 October 2021
PETRAITIS LTD is a private company, limited by shares, registered in England and Wales, registration number 11611102. The registered office is 43-44 PRINCES ROAD, FLAT 1, GREAT YARMOUTH, NORFOLK, NR30 2DB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
At 1 November 2020
12,000
At 31 October 2021
12,000
Charge for the year
3,000
At 31 October 2020
12,000
5
Debtors: amounts falling due within one year
2021
2020
Other debtors
8,184
15,000
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
78
2,523
PETRAITIS LTD
Notes to the Accounts
for the year ended 31 October 2021
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).